Salida Senior Daycare Inc

Analysis

Salida Senior Daycare Inc is a registered charity in United States, based in Salida, CO. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Salida Senior Daycare Inc reported income of $138k and spending of $149k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $138k (-2.1%), an average of -2.1% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salida Senior Daycare Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within CO. Charities of a similar size with the same main cause include GBT Development Corporation ($138k), Kingdom Connections International Inc ($138k) and Legacy Family Network Foundation ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $68k (45% of expenses). At year end it held assets of $830k against liabilities of $697k, net assets of $133k. It reported 3 employees.